CURRENT PRESS RELEASE
Addepar Partners with Mirador to Bring Best-in-Class Reporting to More RIAs
MOUNTAIN VIEW, Calif., June 20, 2019 -- Addepar, a leading technology platform for wealth management, today announced it has entered into a reseller partnership with Mirador, LLC, a services firm that leverages deep financial expertise to provide bespoke financial-reporting for U/HNW clients and their investment portfolios.
The new agreement will make Addepar available to firms who see the value in delivering personalization for themselves and their clients and who are looking for a solution that can support them as they grow. With this agreement in place, Mirador now offers Addepar with pre-built analytics and reporting tools to serve single family offices and wealth management firms with less than $300 million in assets under management.
“Mirador’s goal is to partner with best-in-class technology partners so we can provide accurate, timely information in a way that fits each of our client’s individual reporting needs,” said Mirador’s Managing Partner Joseph Larizza. “We’re thrilled to partner with Addepar. There are many wealthy families and wealth managers that can benefit from the combination of Addepar’s platform and Mirador’s reporting service offering. In fact, we have increased our number of clients using Addepar’s technology tenfold since the end of 2016.”
"We engaged with Mirador and Addepar in advance of the launch of our new wealth management firm. Mirador’s deep knowledge of the Addepar technology and pre-built customizations and tools helped us to realize the full potential of Addepar. Mirador's continued servicing of our financial reporting needs has helped us grow rapidly by freeing up staff time to service existing clients, make investment decisions, and work with prospective clients. We have realized excellent and still-improving operational efficiency and execution as a result of our work with Mirador and Addepar," said Benjamin Dickey, President of Resonant Capital Advisors.
The announcement marks a milestone as Addepar partners with Mirador to further expand their customized solutions. Mirador will also be included on Charles Schwab's OpenView MarketSquare vendor research site where advisors can learn more about the offering.
“Addepar’s mission has always focused on using technology to provide advisors and investors with the clarity they need to make the most informed decisions about their portfolios,” said Addepar’s Head of Partnerships and Strategic Alliances, Robin Melnick. “Our work with Mirador will help us extend Addepar’s industry-leading platform to their client base, empowering them to stand out through best-in-class service and grow without restrictions.”
Addepar, Inc. is a wealth management platform that specializes in data aggregation and performance reporting in order to help investors with even the most complex portfolios make informed decisions. The company’s performance reporting and analytics platform aggregates portfolio, market, and client data all in one place. It provides asset owners and advisors a clearer financial picture at every level, allowing them to make more informed and timely investment decisions. Addepar works with hundreds of leading financial advisors, family offices, and large financial institutions that manage data for over $1.3 trillion of assets on the company’s platform. In 2018, Addepar was named as a Forbes Fintech 50 and received Morgan Stanley’s Fintech Award for making a significant impact on the firm’s mission of continuous innovation. Addepar is headquartered in Silicon Valley and has offices in New York City, Chicago, and Salt Lake City.
Grounded in Wall Street and enabled by technology, Mirador, LLC combines powerful data science and deep financial expertise to provide best-of-breed financial reporting services for U/HNW investment portfolios. Through partnerships with leading technology platforms, Mirador’s service offering creates insightful, consolidated, real-time views of all assets and liabilities – what they are, who holds them, how ownership is divided, how they’re invested, and how they’re performing – strategically constructed to identify opportunities and expose financial risks. Unlike large multi-offering firms for whom reporting is an ancillary service, or a consulting service that configures systems and leaves, Mirador's performance-reporting experts – drawn from family offices and wealth-management firms – create true, ongoing partnerships with clients to ensure data integrity, cull new insights from the data, answer questions, and resolve inconsistencies. The firm has offices in Connecticut, New York, and Salt Lake City, and supports the performance-reporting requirements of Family Offices, Wealth and Asset Managers, and Foundations throughout the United States, Western Europe, and Latin America.
Mirador, LLC and Canoe Intelligence Partner to Make Alternative Asset Reporting More Efficient
Darien, CT and New York, NY – March 5th, 2019 – Mirador, LLC, the leading provider of bespoke portfolio-performance reporting solutions for high net-worth families, family offices, and wealth management firms, along with Canoe Intelligence, a first-of-its-kind technology that eliminates manual data entry for alternative asset investors, today announced a new partnership that addresses the frustrations of reporting on alternative investments.
Today’s wealth managers and family offices manage complex portfolios that often include scores of alternative investments such as hedge funds, private equity and venture capital. As a result, these firms are inundated with thousands of documents annually, containing 200,000 or more transaction, valuation and performance data points. Canoe’s technology automates the extraction and management of these data points and documents, allowing firms to refocus capital and human resources on business performance and growth.
“We know that a third of ultra-high net-worth portfolios consist of private company holdings, private equity stakes and other alternatives,” said Mirador Founder Joseph Larizza. “That’s why Canoe developed this technology and why Mirador is thrilled to incorporate its capabilities into our reporting process. Together with Canoe, Mirador is able to more efficiently report on the complex portfolios of our families, family offices and wealth managers and be confident that their financial data is accurate every time.”
Mirador, a provider of customized reporting services, is often tasked with manual entry of alternative asset data for clients with a variety of investment products. These clients, who represent more than $30 billion in wealth, rely on Mirador to accurately report on their entire financial portfolios. In partnership with Canoe, Mirador is able to reduce its time handling alternative asset data and provide even more timely and accurate reporting.
“We are excited to be working with Mirador, a leader and innovator in portfolio reporting solutions,” said Seth Brotman, Canoe CEO. “Canoe allows Mirador to cut through the avalanche of unstructured documents, reports and data it receives from hundreds of investment managers.”
ABOUT CANOE INTELLIGENCE
Canoe’s technology allows institutions, LPs, and family offices to automate data extraction, data management and other operational processes and refocus capital and human resources on business performance and growth. Canoe’s AI-driven platform was developed in 2013 for a billion-dollar, multi-family office and today is relied upon by more than 70 institutional investors, advisors, and family offices. www.canoesoftware.com
Mirador, LLC, named Best Reporting Solution by Private Asset Management in 2019, is the leading provider of bespoke portfolio performance reporting solutions for high net-worth families, family offices, wealth management firms, endowments and foundations. In partnership with the pre-eminent data providers in the wealth management space, Mirador implements and/or operates the technology suite which is best suited for client needs and provides them with the fully customized reporting solutions they define. www.miradorllc.com
Mirador, LLC Named Best Reporting Solution by Private Asset Management
Three-year-old firm takes coveted award
Darien, CT – February 12, 2019 – Financial-services firms aren’t expected to win coveted awards in their third year of business, especially when up against an 80-year-old institution with nearly $2 trillion in client assets. But this didn’t stop Mirador, LLC from winning the 2019 award for Best Reporting Solution last Thursday at the prestigious Private Asset Management (PAM) Awards ceremony in New York.
Mirador is the leading provider of bespoke portfolio-performance reporting solutions for high net-worth families, family offices, and wealth management firms.
“I’m honored and thrilled,” said Mirador Founder Joseph Larizza, an alumnus of Credit Suisse, Goldman Sachs, and Deutsche Asset Management. Larizza’s inspiration for Mirador came from his work at Fieldpoint Private, a wealth management firm and bank for high net-worth families, where he served as Chief Administrative Officer heading the Information Technology and Operations departments.
“Since our founding, Mirador has been transforming high net-worth financial reporting from a technological headache into a simplified service offering.”
“Headache” would be putting it mildly, especially by one whose clients represent more than $30 billion in wealth allocated to a wide array of investment products held by numerous financial institutions often in complex ownership structures. Mirador is the only firm built not just to eliminate these headaches but to make world-class financial reporting easy and convenient for high net-worth individuals and the firms who service them.
“Our clients and our technology partners, who are also innovators in the wealth management industry, understand the value of our concierge-level service offering,” said Larizza. “This award only validates their confidence.”
The Private Asset Management Awards, sponsored by Fund Intelligence, recognize the top industry professionals in the private asset management space and their accomplishments over the previous year.
Mirador, LLC is the leading provider of bespoke portfolio performance reporting solutions for high net-worth families, family offices, wealth management firms, endowments and foundations. In partnership with pre-eminent data providers in the wealth management space, Mirador implements and/or operates the technology suite which is best suited for client needs and provides them with the fully customized reporting solutions they define. For more information about Mirador, please visit miradorllc.com
Mirador, LLC Welcomes April Rudin, Top Wealth Marketing Strategist, to Its Board of Advisors
Darien, CT – September 12, 2018 – Mirador, LLC, the leading provider of bespoke portfolio-performance reporting solutions for high net-worth families, family offices, wealth management firms and more, has named to its Board of Advisors a woman who works at the forefront of where wealth-management marketing, next-gen investing, and digital technology intersect.
April J. Rudin, Founder and President of The Rudin Group, is widely acknowledged as a top marketing strategist for the financial-services and wealth-management sectors. Distinguished for her ability to forecast and leverage critical trends, and for her expertise in digital and traditional media, she leads a firm, now in its tenth year, that designs bespoke marketing campaigns that strengthen brand value and drive client acquisition for some of the world's leading wealth-management firms, fintechs, and family offices.
“We’re delighted to have April join our Board of Advisors,” said Mirador founder Joseph Larizza. “Working with our other Advisors – experts in financial reporting, private equity, and technology – she’ll help us identify and capture new opportunities for growth.”
“Mirador gets it,” said Rudin, a member of the Forbes Agency Council and the Family Wealth Report Editorial Advisory Board. “High-net worth individuals, endowments, foundations, and those who serve them all need highly evolved actionable intelligence – the kind born of deeply insightful financial reporting. Were wealth managers to do this themselves, assuming they could do it at all, this kind of granular reporting would consume vast amounts of time and bury them under mountains of data; not the best place to be when searching for investment opportunities. Mirador relieves them of this burden, uncovers insights they could never find on their own, and does it quickly so that the insights it reveals can be applied before the best opportunities vanish. This is a value proposition I believe in.”
Mirador, LLC is the leading provider of bespoke portfolio performance reporting solutions for high net-worth families, family offices, wealth management firms, endowments and foundations. In partnership with the pre-eminent data providers in the wealth management space, Mirador implements and/or operates the technology suite which is best suited for client needs and provides them with the fully customized reporting solutions they define. For more information about Mirador, please visit miradorllc.com
Satuit Technologies Partners with Mirador to Expand Reach and Enhance Financial Reporting Capabilities
Braintree, MA- December 5, 2017- Satuit Technologies, Inc., a global leader in software solutions for the professional investment market is pleased to announce their partnership with Mirador LLC to offer report assembly and e-delivery software for Mirador clients through SatuitCRA®. The partnership will also provide seamless integration of Mirador’s financial reporting with SatuitCRM®.
Mirador implements and operates key industry technology suites for their asset manager clients, focusing on financial reporting that is fully customized for the clients’ needs. “Financial reporting is our primary focus so we are very excited to be able to provide enhanced report assembly and delivery through SatuitCRA,” says Joe Larizzo, Managing Partner at Mirador.
SatuitCRA provides asset managers with a cloud based report assembly and report delivery functionality. The software is easy to master and provides a highly cost effective solution for the assembly, collation and delivery of custom content to clients and investors, and for sharing documents with external parties. “We are very pleased to be able to facilitate integration of Satuit products with leading industry software and service providers such as Mirador,” says Karen Maguire, CEO of Satuit.
About Satuit Technologies, Inc.
Satuit Technologies, Inc. is the premier provider of Cloud-Based and On-Premise CRM, reporting and portal software solutions for the asset management, hedge fund, wealth management, private equity, and real estate markets. Satuit has offices in the United States and the United Kingdom, and serves clients in more than thirty-five countries. Satuit Technologies is certified as a women’s business enterprise by the Women’s Business Enterprise National Council (WBENC). For additional information, visit www.satuit.com.
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